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four, etch' slash spending to cut the deficit and shrink the deficit. five, he'll had help small businesses that includes repealing obama care and cutting taxes. let's give romney the benefits of any doubt here and say he gets all these plans going in his first year in office. by that point if the country is on track to create 12 million jobs in four years, the labor market should be adding an average of 250,000 jobs a month. the economy just adds 114,000 positions last month by the way to give you some context. vin weber will tell us how he gets this done. he's a policy adviser to the romney campaign and former congressman. i'm bringing you the questions people are asking me out here. >> sure. >> undecided voters, they don't disagree with the goal. they don't disagree with the idea that we want a stronger economy. but i've hit governor romney hard on his jobs claim. give me specifics as to how we get big-time jobs, 12 million jobs in four years, when we have -- we'll be lucky to get 3% economic growth next year? >> ali, first of all let me put the 12 m
four, etch' slash spending to cut the deficit and shrink the deficit. five, he'll had help small businesses that includes repealing obama care and cutting taxes. let's give romney the benefits of any doubt here and say he gets all these plans going in his first year in office. by that point if the country is on track to create 12 million jobs in four years, the labor market should be adding an average of 250,000 jobs a month. the economy just adds 114,000 positions last month by the way to give...
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that means running deficits for the next eight years. only thing i've seen on his website is $500 billion in cuts in the year 2016. that's not dealing with the debt for another four years. >> if we can move faster and further, we certainly will, but governor romney wanted to propose something he thought we could do. >> he's going to close loopholes to do it. you and i are both familiar are w the studies that say that's not possible or tough to do. let's just say in order to get there, he can't cut by to 20%. he has to cut by 10. maybe 4. would he adjust that promise? >> well, he's certainly willing to talk. when you do tax reform, what you do is you establish the basic parameters, which he's done in this proposal. you get everybody together and you knock heads. if it's not what everybody wants, is he going to say absolutely no? he's not going to raise taxes, but if he can't get exactly the tax cut hemts, is he going to say no. there are some things he's going to insist on, but be open to talking as well. >> thanks so much for taking the
that means running deficits for the next eight years. only thing i've seen on his website is $500 billion in cuts in the year 2016. that's not dealing with the debt for another four years. >> if we can move faster and further, we certainly will, but governor romney wanted to propose something he thought we could do. >> he's going to close loopholes to do it. you and i are both familiar are w the studies that say that's not possible or tough to do. let's just say in order to get...
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the second thing is, if you look at when the president took office, christine, the trade deficit with china has grown every single year and is now going to breach $300 billion. over the course of his term we've added over $1 trillion in debt to china. the bottom line here is that china's currency won't be properly valued until we don't have a trade deficit with china. >> we're out of time, but we'll talk about it soon. great having you on again. >> thank you so much. >>> want to know how you can make $70,000 a year with an associate's degree? one of the best jobs out there. they need you. and it can't be outsourced. i'll tell you about that job right after the break. ♪ ♪ [ male announcer ] you've been years in the making. and there are many years ahead. join the millions of members who've chosen an aarp medicare supplement insurance plan insured by unitedhealthcare insurance company. go long. for a golf getaway. double miles you can actually use... but mr. single miles can't join his friends because he's getting hit with blackouts. shame on you. now he's stuck in a miniature night
the second thing is, if you look at when the president took office, christine, the trade deficit with china has grown every single year and is now going to breach $300 billion. over the course of his term we've added over $1 trillion in debt to china. the bottom line here is that china's currency won't be properly valued until we don't have a trade deficit with china. >> we're out of time, but we'll talk about it soon. great having you on again. >> thank you so much. >>>...
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you said you'd cut the deficit in half. it's four years later, we still have trillion-dollar deficits. >> i was so thrilled at the debate, for people to see my husband unfiltered through -- without any negative ads. >> throughout the debates, romney the pragmatist was on stage, not romney the conservative of the republican primaries, confusing to some but not to ann, who finally saw the side of romney she had been pushing to reveal all along. >> as you know, gloria, i said last time i would never do this again. i mean, it's really hard for a family member, a person that loves this person that you see going through these difficulties and just know how tough it is on that person that you love, and so for me it comes out of a compassion for mitt and a compassion and passion for how important this election is. i want people to think, if they vote for mitt, they're going to get this country moving again. ♪ ♪ ♪ [ male announcer ] you've been years in the making. and there are many years ahead. join the millions of members w
you said you'd cut the deficit in half. it's four years later, we still have trillion-dollar deficits. >> i was so thrilled at the debate, for people to see my husband unfiltered through -- without any negative ads. >> throughout the debates, romney the pragmatist was on stage, not romney the conservative of the republican primaries, confusing to some but not to ann, who finally saw the side of romney she had been pushing to reveal all along. >> as you know, gloria, i said...
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what the governor is talking about, of course, is debt and deficits. and the very high level of u.s. debt, which at some point is going to have to be addressed. whoever gets elected to the white house, whichever party takes the house and the senate, they are going to have to deal with the debt crisis. >> now, also got a chance to ask richard about his stateside train trip through the u.s. talked to voters from chicago through iowa and utah and california. >> this was brilliant. i tell you why i really liked it because i got to see, i got to see americans, whether it was in the civil war reenactment in iowa or at byu in utah or in colorado and i got to hear what their concerns truly are in this election season. it gives you a better perspective than the metropolitan elittism of the coasts. >> check out "quest means business" or watch cnn international noon eastern. can you imagine sitting next to richard quest on a train. >> a small space for a big personality. >> big personality for one seat. >>> something really serious here, a teenager dies after dri
what the governor is talking about, of course, is debt and deficits. and the very high level of u.s. debt, which at some point is going to have to be addressed. whoever gets elected to the white house, whichever party takes the house and the senate, they are going to have to deal with the debt crisis. >> now, also got a chance to ask richard about his stateside train trip through the u.s. talked to voters from chicago through iowa and utah and california. >> this was brilliant. i...
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i have a plan that will actually create jobs, that will actually lower our deficit. and will actually provide the middle class with a greater sense of security. and the good news is my plan, the math adds up. if you want to check it out, you can go to barackobama.com/plans. and i want you to share it with your friends and your neighbors and your coworkers. there are still people out there who are trying to make up their minds. some of you who are here may be trying to make up your mind. maybe your girlfriend dragged you out here. oh, no. maybe grandma said you have to go to the obama rally. and you're still trying to figure it out. so i'm asking you to compare my plan with governor romney's. i want you to know what we're proposing, each of us, and see which plan is better for you. and what is better for the future of america. so number one, i want to end tax breaks for companies that are shipping jobs overseas. i want to reward small businesses and manufacturers who are putting down roots here, hiring american workers, creating american products stamped with three pr
i have a plan that will actually create jobs, that will actually lower our deficit. and will actually provide the middle class with a greater sense of security. and the good news is my plan, the math adds up. if you want to check it out, you can go to barackobama.com/plans. and i want you to share it with your friends and your neighbors and your coworkers. there are still people out there who are trying to make up their minds. some of you who are here may be trying to make up your mind. maybe...
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how does mitt romney make up for his deficit there? >> well, here, the victory program that the republican national committee is operating in conjunction with the various state parties has been very effective here in new hampshire. we organize north, east, south and west. we have hundreds of volunteers and a great victory staff and we have the inneenthusiasm and the drive. we're matching president obama. >> the other big story we're following is sandy, another tropical storm, but could really put a wrench in the plan for the campaigns. how is the state party working to compensate for that? >> well, because this is just a recent development, we are working with the, you know, we are working on various contingencies and those are in process even as i speak. the good news is sandy is hitting during this week. many of these problems resolved by election time and we're monitoring power outages and challenges that develop. those plans are in process right now. >> wayne mcdonald, good to have you. >> thank you. >>> coming up next, we'll get t
how does mitt romney make up for his deficit there? >> well, here, the victory program that the republican national committee is operating in conjunction with the various state parties has been very effective here in new hampshire. we organize north, east, south and west. we have hundreds of volunteers and a great victory staff and we have the inneenthusiasm and the drive. we're matching president obama. >> the other big story we're following is sandy, another tropical storm, but...
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and then of course the biggest whopper is they're going to take care of our deficits when they propose $7 trillion in new spending between tax cuts for the well think and the pentagon spending for which they have no plan to pay. so saying you have a plan for the future doesn't mean you do. what he has is the one-point plan the president has been talking about, which is the same plan that got us into this mess in the first place. >> the main argument they're making, he did it in his opening remarks in the last debate and the closing remarks, is that more people are unemployed, more people are on foot stamps, more people are in poverty right now than they were four years ago, why re-elect a president who has a dismal record they say like this. >> the reason they're behind in this race, wolf, is because that's been their mantra from the beginning. everybody in this country knows where we were when this president took office and understands that we're in a better place now. we have more work to do. but the last thing we need to do is go back to the tax cuts for the well think, deregulating
and then of course the biggest whopper is they're going to take care of our deficits when they propose $7 trillion in new spending between tax cuts for the well think and the pentagon spending for which they have no plan to pay. so saying you have a plan for the future doesn't mean you do. what he has is the one-point plan the president has been talking about, which is the same plan that got us into this mess in the first place. >> the main argument they're making, he did it in his...
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social security has not been a drain on the deficits, but there is a lot of misinformation about it. a lot of proposals floating around about privatizing so that people, especially younger people, into the market instead of having a government social safety net. what about social security that covers not only the elderly, but also those with dependent children can also security as well? putting money into private accounts to be invested by people, that is not going to be helpful to the vast majority of people. knowing where people stand on social security is very important. i want to raise an issue related to the courts. lilly ledbetter was such an explicit example of how courts can matter. and there are projections. it is hard to know what the tenure will be of the nine justices there are on the court right now. many predict that over time and in the next several years, there'll be one, two, or perhaps more vacancies on the supreme court. every vacancy makes a difference, especially given so many 5-4 decisions. who is in the senate confirming justices to the supreme court, let alone
social security has not been a drain on the deficits, but there is a lot of misinformation about it. a lot of proposals floating around about privatizing so that people, especially younger people, into the market instead of having a government social safety net. what about social security that covers not only the elderly, but also those with dependent children can also security as well? putting money into private accounts to be invested by people, that is not going to be helpful to the vast...
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he promised to cut the deficit in half, he doubled it. how about his budget? it failed to win a single vote either republican or democrat in either house of the congress. he said he would reform medicare and social security and save them from pending insolvency but he shrunk from proposing any solution at all. where are the jobs? where are the 9 million more jobs his stimulus would have created by now? they're in china, mexico, canada, in countries that have made themselves more attractive while obama's policies have made it less attractive here. his campaign tries to minimize the failures and to make this election about small shiny objects. it matters more than that. it matters to your family and the senior who needs an appointment met by a receptionist saying medicare isn't taking any patients i. it matters to the man in wisconsin i spoke with a few days ago and he used to have a job at there are 25 an hour with benefits and now has one at $8 an hour without benefits. it matters to the college student with $20,000 of student debt who now learns she'll be pay
he promised to cut the deficit in half, he doubled it. how about his budget? it failed to win a single vote either republican or democrat in either house of the congress. he said he would reform medicare and social security and save them from pending insolvency but he shrunk from proposing any solution at all. where are the jobs? where are the 9 million more jobs his stimulus would have created by now? they're in china, mexico, canada, in countries that have made themselves more attractive...
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on reducing the deficit without burdening the middle- class? >> the big thing we have to do, we put together cap and balance which would cap the spending. we are spending $1 trillion more every year. we have to look at the baseball spending. there are billions of dollars. we talk about taxing millionaires and billionaires. where are we going to get the other twin dollars to balance the budget -- the other trillion dollars to balance the budget? if we put more regulations and taxes on american companies, they will either shut down or leave the country. we see it here in illinois all the time. the more people we put back to work, the more that are paying taxes, then we can pay toward the deficit. >> the same question to cheri bustos. >> i think the first step is to approach it in a balanced way. get rid of the tax cuts for the millionaires. that is a huge part of starting to balance this budget. the fact that congressman shilling is continuing to work so hard and is not willing to even take a look at that, that is a big part of the problem. yes,
on reducing the deficit without burdening the middle- class? >> the big thing we have to do, we put together cap and balance which would cap the spending. we are spending $1 trillion more every year. we have to look at the baseball spending. there are billions of dollars. we talk about taxing millionaires and billionaires. where are we going to get the other twin dollars to balance the budget -- the other trillion dollars to balance the budget? if we put more regulations and taxes on...
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. >> to want to talk about the nation's deficit, the fiscal cliff, debt. given national debt of $16 trillion. we are facing difficult with. all that has, left as has what do we do about it? there has been more talk about could the two parties do a grand bargain? something like you might see with the simpson bowles commission theory where it is a policy that says it will have $3 a dose spending cuts for every $1 in tax revenue increases. we are going to cut tax rates and eliminate possible deductions. cut entitlements. it will be pain involved but it will work money off the debt. could you support that? >> of my own plans on the table. i want to be able to put in the same thing i did when i was governor. a proposal that said every state agency had to take a 5% reduction and then redesign the department terry apple to the same thing to the federal government. -- and then redesign their departments. iw an want to do the same thingo the federal government. if you give secretaries the power to reduce their budget or take 5% and say reorganize their budget, it w
. >> to want to talk about the nation's deficit, the fiscal cliff, debt. given national debt of $16 trillion. we are facing difficult with. all that has, left as has what do we do about it? there has been more talk about could the two parties do a grand bargain? something like you might see with the simpson bowles commission theory where it is a policy that says it will have $3 a dose spending cuts for every $1 in tax revenue increases. we are going to cut tax rates and eliminate possible...
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you know that he promised bipartisanship and to reduce the deficit by half. you know that he was going to give us accountable government. he said he would reduce the health insurance by $2,500. today we have -- we had promises of economic recovery. this president today has not delivered on his promises of 2008. that is reason enough to have him not be president of united states. he has not delivered. [applause] it is very clear that america cannot afford four more years obamanomics. and the abuse of power by pointing many of his own party and executive orders be on the constitution. -- beyond the constitution. we will have a new president obama -- pardon me, i mean, president runomney. $814 steel is that did not work. -- stimulous that did not work. worst economic problems america has faced since world war ii. 23 million people looking for full-time jobs. under an employment a 40% of the economy. -- underemployment making up 40% of the economy. many people on food stamps. that is the failure, but americans are not quitters. we can turn the ship around and we
you know that he promised bipartisanship and to reduce the deficit by half. you know that he was going to give us accountable government. he said he would reduce the health insurance by $2,500. today we have -- we had promises of economic recovery. this president today has not delivered on his promises of 2008. that is reason enough to have him not be president of united states. he has not delivered. [applause] it is very clear that america cannot afford four more years obamanomics. and the...
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we've had trillion dollar deficits each and every year. remember when he said he'd bring people together to solve the country's biggest problems? this is the third president i've served with, it's the most partisan atmosphere i've ever seen. look, look at john casey. i learned a lot from that man. i came in as a young guy in congress, under his leadership, working on the budgets committee. kind of basically following the same trail that he blazed. here's a guy who sees a problem and runs at the problem. that's what leadership is. that's what leaders do. we've got big problems. we don't want a president blaming somebody else for four years, we don't want a president ducking the toughish use, demagoguing the other party. we want a president who will lead and fix this mess in washington and run at our problems and solve our problems and get this country back on the right track. plagu[applause] >> so it's not enough for us to simply complain about the broken promises or to highlight the fact that president obama can't run on his record, so he'
we've had trillion dollar deficits each and every year. remember when he said he'd bring people together to solve the country's biggest problems? this is the third president i've served with, it's the most partisan atmosphere i've ever seen. look, look at john casey. i learned a lot from that man. i came in as a young guy in congress, under his leadership, working on the budgets committee. kind of basically following the same trail that he blazed. here's a guy who sees a problem and runs at the...
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so i don't think that -- someone asked me if those outside groups would make up for romney's deficit on the campaign level, and i don't think that's true. i think they're on a par or maybe even more of an advantage for democrats when you count those outside groups. host: the caller also mentioned the electoral college. and because the swing states, florida, ohio, pennsylvania, virginia, nevada, some of these, have more electoral college votes than some of the other smaller states, and the candidates are spending more time in these particular states, do you see a smaller or a larger ground game in states that don't get visited, states like washington, hawaii, california, new york, texas. those states are already in one column, or their electoral college votes are so small, do you see a bigger ground game effort to make up for the fact that the candidate just isn't going to come there? guest: no, you see almost no ground game in swings that are not swing states. now, there are some swing states that are quite small in terms of electoral votes and physical size, like new hampshire, iowa
so i don't think that -- someone asked me if those outside groups would make up for romney's deficit on the campaign level, and i don't think that's true. i think they're on a par or maybe even more of an advantage for democrats when you count those outside groups. host: the caller also mentioned the electoral college. and because the swing states, florida, ohio, pennsylvania, virginia, nevada, some of these, have more electoral college votes than some of the other smaller states, and the...
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public deficits are lower in most countries. competitiveness and expert performance are stronger in all countries. upcoming commenting supervisor is a major breakthrough we launched two weeks ago the mechanism for the firewall now amounts to 700 euro. in this specific case of greece, significant progress has been made. the euro zone has a state issued a statement welcoming the determination of the greek government to deliver on its commitments and also commending the remarkable efforts of the greek people. the root group will examine this progress in the light of the forthcoming report can take any necessary decisions. honorable members, our second major debate was on the interim report, which i drew up in collaboration with the presence of the european commission, the euro group in the european central bank group of four presidents who also met with your president. my office has member states of the european parliament that was contribution and i also personally met some of your coordinators and committee chairs. this was an in
public deficits are lower in most countries. competitiveness and expert performance are stronger in all countries. upcoming commenting supervisor is a major breakthrough we launched two weeks ago the mechanism for the firewall now amounts to 700 euro. in this specific case of greece, significant progress has been made. the euro zone has a state issued a statement welcoming the determination of the greek government to deliver on its commitments and also commending the remarkable efforts of the...
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persuade a lot of people in the media it was ronald reagan who is responsible for the increase in the deficit. he's not. he tried to veto many of those bills. he could not because the democrats controlled congress, and so he was forced, willy-nilly, if you're going to have a budget at all--and mr. clinton is going to discover this--you just have to go along, in the end, with congress. and he did not bankrupt the country. he did--he tried to control spending. he was just in too weak a position to do so. c-span: so you just wash your hands of any of the problems today that were brought about by supply-side economics. >> guest: well, the problems ex--they weren't brought about by supply-side economics. they were brought about, i would say, by irresponsible congressional expenditures. but it doesn't matter. the problems are real. i mean, they're with us. i mean, medicare, medicaid, things that originally were thought to involve the expenditure of perhaps a few billion dollars suddenly are s--going at the rate of tens of billions of dollars, which no one really anticipated, but which a thoughtful
persuade a lot of people in the media it was ronald reagan who is responsible for the increase in the deficit. he's not. he tried to veto many of those bills. he could not because the democrats controlled congress, and so he was forced, willy-nilly, if you're going to have a budget at all--and mr. clinton is going to discover this--you just have to go along, in the end, with congress. and he did not bankrupt the country. he did--he tried to control spending. he was just in too weak a position...
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and that they have undermined, disagree or agree, the trust that we enjoy. >> is obviously a trust deficit going on here to put it mildly. and it is sad. but look at -- be used to be that even when cronkite was dubbed the most trusted man in america by equitable in 1972, journalists were ranked very high over of politicians. there were like doctors and rocket scientists. people like reporters. and today they have numbers lower than congress. i mean, you know, which is really saying something. so there is no doubt about it. there has been -- and part of it is the proliferation of so much media. just so much false news and wrong news that gets put out there. we grow. people grow weary of it. >> okay. i think we are about out of time. it will let you go on to your next great program at the but the festival. so lucky to get time with the brinkley. thank you all so much. [applause] [inaudible conversations] [inaudible conversations] >> book tv will be back in about a half-hour with more live coverage of the texas book festival in austin. >> this book is about liberals, not democrats, who are of
and that they have undermined, disagree or agree, the trust that we enjoy. >> is obviously a trust deficit going on here to put it mildly. and it is sad. but look at -- be used to be that even when cronkite was dubbed the most trusted man in america by equitable in 1972, journalists were ranked very high over of politicians. there were like doctors and rocket scientists. people like reporters. and today they have numbers lower than congress. i mean, you know, which is really saying...
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country's biggest companies, all who signed on to a plan that called for an balanced approach to solve the deficit, and that balanced approach that all of these ceos signed on to included revenues. do you think their clout could actually move compromise even in the people who signed pledges never to raise revenue? >> no. >> jennifer: that's so depressing. >> call me a cynic. i'm just a realist. the truth is the patriotic millionaires these conservative economies, liberal economists you can look everything to find people to say you need an balanced approach thank colludes tax increases and cuts in spending, but fortunately you have a group of people in washington and mitt romney who have forsaken their oath to the constitution in favor of a blood oath they signed for grover norquist. >> jennifer: and charlie i want to make sure the senate remains in democratic hands. you are in a key state, you have written about elizabeth warren and scott brown give us a quick update. >> she has a small working margin right now in most polls. she is going to have to run the race all the way to the wire though. he
country's biggest companies, all who signed on to a plan that called for an balanced approach to solve the deficit, and that balanced approach that all of these ceos signed on to included revenues. do you think their clout could actually move compromise even in the people who signed pledges never to raise revenue? >> no. >> jennifer: that's so depressing. >> call me a cynic. i'm just a realist. the truth is the patriotic millionaires these conservative economies, liberal...
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the failure to invest sufficiently in the building blocks of our future, entitlement reform or the deficit. the effort to restore the tax rate at the wealthiest americans who have thrived over the past several years even as others have borne the brunt of the deep recession, that leadership temperature airline includes, and for who knows how long mitt romney who signed the pledge back in 2006. but now from this unlikely quarter, the most senior corner of our business leadership comes this conclusion. from jamie dimon to lloyd blankfein a group of over 80 senior executives at our largest companies have concluded revenue increases are necessary. david cote the ceo of honeywell and republican said to say you can solve this without increases in taxes is ludicrous. their acknowledgment that norquist is dead wrong and romney's to no revenue needed claim shrouded in his i'll tell you after the election how i will do a this secret. the political potency of the main treatment corporate leadership, many of them romney's own guys, telling the king of ceos and his republican puppet mast that their idea
the failure to invest sufficiently in the building blocks of our future, entitlement reform or the deficit. the effort to restore the tax rate at the wealthiest americans who have thrived over the past several years even as others have borne the brunt of the deep recession, that leadership temperature airline includes, and for who knows how long mitt romney who signed the pledge back in 2006. but now from this unlikely quarter, the most senior corner of our business leadership comes this...
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now with a nine-point deficit and todd akin still talking it looks like it's over and the democrats will retain that. that's interesting. just a quick tweet jeffrey dodd said @tytoncurrent any way you guys can talk about this year's election. of course, none of these polls matter at all if you don't actually go and vote, then they're irrelevant. >> and if you don't like either of the two, there is gary johnson, rocky anderson just vote. >> cenk: what about maine. >> the republicans and the democrats pulled out independent former governor will be the senate where he caucuses, nobody knows. they think the democrats or he may not caucus can either of them. >> cenk: all right, when we come back pauley shore in the studio. he has very interesting political opinions. >> have you seen me in a movie lately? >> no. >> that's my problem. the economy screwed me. >> cenk: and there he is at the wall. i mean, i'm curious about herman cain and all the conversation that he had. we'll be right back with pauley. current tv encourages you to vote on november 6th but just as importantly to take the time to
now with a nine-point deficit and todd akin still talking it looks like it's over and the democrats will retain that. that's interesting. just a quick tweet jeffrey dodd said @tytoncurrent any way you guys can talk about this year's election. of course, none of these polls matter at all if you don't actually go and vote, then they're irrelevant. >> and if you don't like either of the two, there is gary johnson, rocky anderson just vote. >> cenk: what about maine. >> the...
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we have a $1 trillion deficit. you cannot get from here to there which is the point i'm making. we have to start making some cuts in spending programs. lou: he wrote a book entitled to is the fairest of the mall, and we recommend it highly. good to have you with us. a new obama campaign ad reaching out to female voters, testing the boundaries of decency, breaking the boundaries of class and propriety. coming up next, former defense secretary donald rumsfeld joins us, former reagan adviser arthur laugher. stay with us. we are tracking hurricanes sandy. the very latest for you. this looks like the real deal. ♪ ♪ lou: president's -- residents along the east coast are bracing for hurricane sandy, not due to make landfall in text and -- until next week, but it looks like it could be a spectacular event come early tuesday. hurricane sandy has been battering the bahamas, tearing to the caribbean, killing at least 40 people, that is how powerful the storm has bee. still more than 400 miles southeast of south carolina. top winds are barely hurricane strength right now. however, if it
we have a $1 trillion deficit. you cannot get from here to there which is the point i'm making. we have to start making some cuts in spending programs. lou: he wrote a book entitled to is the fairest of the mall, and we recommend it highly. good to have you with us. a new obama campaign ad reaching out to female voters, testing the boundaries of decency, breaking the boundaries of class and propriety. coming up next, former defense secretary donald rumsfeld joins us, former reagan adviser...
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we have a $1 trillion deficit. you cannot get from here to there which is the point i'm making. we have to start making some cuts in spending programs. lou: he wrote a book entitled to is the fairest of the mall, and we recommend it highly. good to have you with us. a new obama campaign ad reaching out to femae voters, testing the boundaries of decency, breaking the boundaries of class and propriety. coming up next, former defense secretary donald rumsfeld joins us, former reagan adviser arthur laugher. stay with us. we are tracking hurrines sandy. the veryatest for you. this looks like the real deal. ♪ with the spark miles card from capital one, thor's couture gets the most rewards of any small business credit card. your boa! [ garth ] thor's small business earns double miles on every purchase, every day! ahh, the new fabrics, put it on my spark card. [ garth ] why settle for less? the spiked heels are working. wait! [ garth ] great businesses deserve the most rewards! [ male announcer ] the spark business card from capital one. choose unlimited rewards with double miles or 2
we have a $1 trillion deficit. you cannot get from here to there which is the point i'm making. we have to start making some cuts in spending programs. lou: he wrote a book entitled to is the fairest of the mall, and we recommend it highly. good to have you with us. a new obama campaign ad reaching out to femae voters, testing the boundaries of decency, breaking the boundaries of class and propriety. coming up next, former defense secretary donald rumsfeld joins us, former reagan adviser arthur...
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look at this. >> after inheriting a $1 trillion deficit i signed to a trillion dollars of spending cuts into law. john: he igned the spending cuts? >> they cut some stuff. john: what he was saying was that after the next ten years, instead of increasing spending by the 10 trillion i wanted to i will increase it by just seven and a half trillion. isn't that deceit? >> well, it is kind of going -- john: a $2 trillion spending cut. >> it's easy in kind of broad strokes to say, oh, we should not spend all this money. bbt the real challenge is looking at these things and making judgments and value judgments about what it is that we wanted to as a society. do we want to spend money on defense, educate kids, have cops and firefighters, decent roads. john: does local government responsibility. >> sometimes the federal governnt gets into that's. john: he is keeping anembassy with 15,000 americans. he wants to spend more on defense, not as much as romney, but more. he wants to spend on everything. >> i'm not going to disagree in fight you on every one of these issues because there are some things
look at this. >> after inheriting a $1 trillion deficit i signed to a trillion dollars of spending cuts into law. john: he igned the spending cuts? >> they cut some stuff. john: what he was saying was that after the next ten years, instead of increasing spending by the 10 trillion i wanted to i will increase it by just seven and a half trillion. isn't that deceit? >> well, it is kind of going -- john: a $2 trillion spending cut. >> it's easy in kind of broad strokes to...
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melissa: we have a 16 droll trillion deficit. we can't throw a way half a billn dollars on a prram that has 16% of workers in a job six mont late if i ran a company with a 16% success rate, i would be out on the street with all of my, and i'm paying for this. you're paying for this. these are tax dollars! this is horrible!. >> 16% success rate is very poor. melissa: it is horrendous. >> this isthe first effort. look, we've done stimulus programs in other industries to get them going in the past, oil, gas, telephones, internet. we've done all these things. we'll have to do this to get the green jobs industry going. we have to start thinki about renewables and so we're not sending our bys and women over to the middle east to fight for oil. melissa: bain capital buys a company, and 16% of the people are employed six months later what do you guys say about bain capital. >> 20% of the companies they invested in went bankru. 8%. grope jobs. melissa:hat means 78% companies in business. 78 versus 16. >> we talk about solyndra like end of
melissa: we have a 16 droll trillion deficit. we can't throw a way half a billn dollars on a prram that has 16% of workers in a job six mont late if i ran a company with a 16% success rate, i would be out on the street with all of my, and i'm paying for this. you're paying for this. these are tax dollars! this is horrible!. >> 16% success rate is very poor. melissa: it is horrendous. >> this isthe first effort. look, we've done stimulus programs in other industries to get them going...
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he promised to cut the deficit in half. i know he says he wants to do something that helps with the budget, but to balance the budget it starts -- it helps to have actually had a budgets. >> from florida to new evening land, the nation watches as hurricane sandy prepares to bear down and slam into the atlantic coast. in florida they are not expecting to be too badly hit. he was asked to postpone all events. [no audio]. >> that's too bad. i was saying how well it was working while he was on the campaign bus. apologize for that technical glitch. we have team coverage of both campaigns coming up a little later on this hour. a live report from our chief white house correspondent ed henry traveling with president obama's campaign in the battleground state of new hampshire. that's coming up. >>> speaking of the weather, this is a fox extreme weather alert. hurricane sandy's path is looking more ominous by the hour as it barrels up the eastern seaboard. the monster storm is already battering the mid-atlantic states with punishing
he promised to cut the deficit in half. i know he says he wants to do something that helps with the budget, but to balance the budget it starts -- it helps to have actually had a budgets. >> from florida to new evening land, the nation watches as hurricane sandy prepares to bear down and slam into the atlantic coast. in florida they are not expecting to be too badly hit. he was asked to postpone all events. [no audio]. >> that's too bad. i was saying how well it was working while he...
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he broke his promises about cutting the debt and deficit in half in his first term. >> there are those who believe since the reconstruction, there has always been a backlash to progress that had a racial hue to it. this is another example i. you know what -- [overlapping dialogue] >> you are saying, if you vote against obama -- >> i didn't say that. i am saying amongst those who are criticizing the president, resisting the president and who are making -- >> my criticism is because he has failed -- [overlapping dialogue] >> blank statement for everyone. shucking and jiving, buddy. i got news for you -- >> hang on. >> trumpet -- >> get me the decoder ring for chris matthews. >> there is a racial divide in the economy -- there is a racial divide -- >> what -- >> racial divide matters. >> isn't it -- wait a minute. but there is real racism. when you say -- it's the word chicago and get accused of being racist, those are the -- does it hurt in terms of combatting real racial -- >> yes tdis. as someone who has dealt with these issues, you know juan williams and others, we have worked to figh
he broke his promises about cutting the debt and deficit in half in his first term. >> there are those who believe since the reconstruction, there has always been a backlash to progress that had a racial hue to it. this is another example i. you know what -- [overlapping dialogue] >> you are saying, if you vote against obama -- >> i didn't say that. i am saying amongst those who are criticizing the president, resisting the president and who are making -- >> my criticism...
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congress had taken it more seriously and i like to point out the same people who are concerned about the deficit and the impact on our children infrastructure is every bit as important. if we don't bring it up to speed it will hurt. >> john, do you think that building better school is going to change the education of our students. isn't it tougher standard and more competition. >> not one iota. it is a desperate act of the administration that ismenting to be perceived as doing 100,000 new teachers will not make investment rise . salary takers from the federal government can train jobs for the put future is laughable. best way to do that is are duce the burden. >> mark, is this another stimulus plan that is going to work the same way the last one did? >> i think the last one was ineffective because members of the congress decileded to block it and we spend little and we needed to spend two or three times the amount. it is 287 billion and we should have spent triple that and we have a 14.8 trillion. halfwent to loans and aid to bail out wall street. >> and so why are we going to spend money on job
congress had taken it more seriously and i like to point out the same people who are concerned about the deficit and the impact on our children infrastructure is every bit as important. if we don't bring it up to speed it will hurt. >> john, do you think that building better school is going to change the education of our students. isn't it tougher standard and more competition. >> not one iota. it is a desperate act of the administration that ismenting to be perceived as doing...
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million more americans on food stamps and he broke his promises about cutting the debt in half, the deficit in half in the first term? >> there are those who believe that since the reconstruction in this country there has been a backlash to progress that had a racial hue to it and this is another example. >> sean: you are saying that if you vote against obama because you think he fail as president. >> i'm saying amongst those criticizing the president and resisting the president and who are making. >> sean: my criticism is because he failed. >> let me make -- it is your shucking and jiving buddy, i got news for you. >> trumpet call. >> get me decoder ring, chris matthews. this is ridiculous. talk about the economy and benghazi. >> it is a racial divide. >> racial divide matters. >> racial divide matters. >> sean: there is real race iism when you say the word chicago and get accused of being racist, does it hurt in terms of combating real racial -- >> yes, it does. as someone who has dealt with these issues and you don't want williams -- we all work to fight the real issues of racism in the
million more americans on food stamps and he broke his promises about cutting the debt in half, the deficit in half in the first term? >> there are those who believe that since the reconstruction in this country there has been a backlash to progress that had a racial hue to it and this is another example. >> sean: you are saying that if you vote against obama because you think he fail as president. >> i'm saying amongst those criticizing the president and resisting the...
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he promised he would cut the deficit in half. instead he doubled it. i know he says he wants to do something to help the budget. but i learned in order to balance a budget, it starts -- it helps to have actually had a budget. to start with a budget. and -- [cheering] >> you can't balance a budget unless you start with one, and he actually put out a proposal this last year for the house and the senate to look at. there are 535 members of the house and senate combined. do you know how many people voted for his budget? zero. no one voted for his budget. paul ryan and i are going to get america on track to have a balanced budget. he took on -- during his campaign, another big promise. he said he would save medicare. he would pre serve and it protect it and save it from pending insolvency. in stead he cut medicare by $716 billion. he said he was going to have unemployment today down to 5.4%. we're nine million jobs short of that and he has no plan to get this economy going again to put americans to work. you notice there's some numbers he doesn't speak abou
he promised he would cut the deficit in half. instead he doubled it. i know he says he wants to do something to help the budget. but i learned in order to balance a budget, it starts -- it helps to have actually had a budget. to start with a budget. and -- [cheering] >> you can't balance a budget unless you start with one, and he actually put out a proposal this last year for the house and the senate to look at. there are 535 members of the house and senate combined. do you know how many...
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part of that is reducing the deficit. i'm very much in favor of it. for our business, our business is all about growth. our franchise sees make investments as they move forward. if they realize a strong economy, healthy economy, help build jobs, that's what all business people are looking for. >> i have talked to a lot of business owners past few years on this show and otherwise, they said they are tired with both parties. both parties have spent like drunken sailors and got us into this mess. and neither party has reduced the size of government in 50 years. no one has done it since the 1950s. what is does the business community want government to started doing. >> i think we all have to come together. i don't think it's just about government. all ofs have you to come together and make tough decisions. just the way we want to manage our business. the way you manage your personal finances we have to balance our budget. you can't spend more than we take in. we wouldn't be here selling businesses. >> our franchise cease are business owners every day they
part of that is reducing the deficit. i'm very much in favor of it. for our business, our business is all about growth. our franchise sees make investments as they move forward. if they realize a strong economy, healthy economy, help build jobs, that's what all business people are looking for. >> i have talked to a lot of business owners past few years on this show and otherwise, they said they are tired with both parties. both parties have spent like drunken sailors and got us into this...
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>> moreover, it doesn't really, neither plan really addresses the deficit and the need for revenues. let's leave that problem off the table and talk about the job situation. i like what romney wants to do, the code has a lot of deductions that shouldn't be there, we should just lower rates and get at them. and in fixing that, if you pay 25%, and then you get deduct the mortgage or don't get to deduct the mortgage and pay 20%. if you're net-net not getting taxed any more, i don't see how that's actually going to lead to more spending and i tell you a little dangerous in the short run, the housing market is still-- and to pull out major deductions the home mortgage deduction being one of them. he didn't say he was going to do that, if it didn't do that, but makes the budget work. >> brenda: i know, the tax code is like war and peace. overhauling it, will that help get jocks. >> like you've read that. >> not immediately, but look, we've got the most sophisticated tax code in the entire world, makes us uncompetitive and the u.s. falls on a competitive basis and a lot of reason is the tax
>> moreover, it doesn't really, neither plan really addresses the deficit and the need for revenues. let's leave that problem off the table and talk about the job situation. i like what romney wants to do, the code has a lot of deductions that shouldn't be there, we should just lower rates and get at them. and in fixing that, if you pay 25%, and then you get deduct the mortgage or don't get to deduct the mortgage and pay 20%. if you're net-net not getting taxed any more, i don't see how...
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go on with the broken promises not just on the economy but on the deficit and on social security and medicare. >> and the president's bigger promise to unit us instead of dividing us. governor romney has a history of working with the other party in massachusetts and history of job creation. >> mitt romney is good at sending jobs away from america. governor, i got news for you. a president's job is to create jobs in america. for americans. with americans. bringing jobs home to americans. that is a president's job. you're not running for ceo of bain. >> the president's campaign slogan is forward. but the 23 million americans failing to find a good job feel a lot more like backward. >> the fact of the matter is that buf governor romney's ecoc policies are reverting back to the same policies that i inherited and the worst economic crisis since the great depression. >> despite all that he inherited president obama did not repair the economy and save medicare and social security and tame the spending and borrowing. did he not reach across the ail to bring us together. what he inherited was
go on with the broken promises not just on the economy but on the deficit and on social security and medicare. >> and the president's bigger promise to unit us instead of dividing us. governor romney has a history of working with the other party in massachusetts and history of job creation. >> mitt romney is good at sending jobs away from america. governor, i got news for you. a president's job is to create jobs in america. for americans. with americans. bringing jobs home to...
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we have an immense budget problem and deficit problem. so when the government spends more money that it doesn't have, it doesn't help the economy very much. a big chunk was military but the other was services. businesses actually contrasted in the amount of spending they did so, contracted. and net exports went down. >> jamie: so what do you expect in the fourth quarter? where do we go from here? >> if we look why did businesses contract their spending, its fiscal cliff. we are looking at this thing somehow we're going to flip a lighted switch on december 31. it is happening now. they are looking at december 31, i don't know what my tax bracket is going to be. i don't know how much spending is going to get cut back, military spending is going to get cut back. when you are looking at moment crisis down the road you will contract your spending and taking on the way and see attitude. unfortunately the guy looking for a job out there, they are the ones that are going to get hurt. >> jamie: let's hope the guys and gals that are looking for wor
we have an immense budget problem and deficit problem. so when the government spends more money that it doesn't have, it doesn't help the economy very much. a big chunk was military but the other was services. businesses actually contrasted in the amount of spending they did so, contracted. and net exports went down. >> jamie: so what do you expect in the fourth quarter? where do we go from here? >> if we look why did businesses contract their spending, its fiscal cliff. we are...